New DOT rule tackles fees, bumping, flight delays

Airlines will soon be required to refund bag fees if they lose luggage, and they’ll pay travelers more for bumping them from a flight.
The federal […]

Rising Railroad Shipments Reflect Increasing Momentum in U.S. Expansion - Bloomberg

Growth in railroad-shipping volume shows the U.S. economic expansion is gaining momentum, even with rising energy prices in the first quarter.
Total rail volumes excluding […]

63 evacuated from Norway oil rig after gas leak

Rescuers say more than 60 people have been evacuated from an oil platform off Norway’s west coast after operator Statoil received reports of a gas […]

Magma Energy to buy Plutonic Power in $575M deal

VANCOUVER

New Zealand’s Central Bank May Hold Rates as Earthquake Postpones Recovery - Bloomberg

New Zealand’s central bank may delay interest-rate increases until next year as the nation’s deadliest earthquake in 80 years threatens to tip the economy […]

Productivity in the U.S. Unexpectedly Accelerates - Bloomberg

The productivity of U.S. workers unexpectedly increased in the fourth quarter at a faster rate as companies sought to contain costs.
The measure of employee […]

Bank of England Voted 6-2-1 as Weale Joined Sentance in Rate-Increase Call - Bloomberg

Bank of England policy maker Martin Weale joined Andrew Sentance in voting for an interest-rate increase this month as officials said the balance of risks […]

Stocks are riding on higher profit margins

Can Corporate America continue to cut its way to profits?
If you’re betting that stocks will rise in 2011, the answer is critical. Profits jumped last […]

More insider trading busts

In the latest phase of the government’s ongoing crackdown on insider trading, federal authorities said Thursday that they had made five arrests involving an […]

Irish, Portuguese Bonds Outpace Peers as ECB Speeds Purchases: Euro Credit - Bloomberg

European Central Bank purchases ensured Irish and Portuguese bonds beat their euro-region peers this month even as Deutsche Bank AG predicted Portugal will be the […]